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US
CT
Windham
06226
06226
W73° 47' 56.1''
N41° 42' 53.9''
Contact Info
Robyn Letourneau
1117079
Property Description

ATTENTION INVESTORS!!! This incredible 10 CAP investment Opportunity for 4 units across 2 2-family properties may be exactly what youre looking for!!! Discover the potential in this centrally located low overhead property. With strong rental demand from nearby ECSU, Uconn and in the general market, vacancy will not be a problem. Tenant amenities include large backyards, with privacy and gardens. Conveniently walkable to downtown, near bus lines and ideal for investors or renovation-minded buyers looking to restore charm and build equity. Off street parking, long term tenants, and under market rents make this a Value-add asset. Add 2 more bedrooms to the top floor units and consider pro-forma rents. These are stable in place, but the sky is the limit. Combine with other listed Willimantic properties: Pleasant St., Jackson St., and Chapman St. as a 17 unit portfolio. GOI:63,000 Expenses: 10,868 NOI: 52,132 10CAP PRO Forma NOI: 77,932!!! floor plans available**

40 Elm Street

Windham, Connecticut 06226, United States

  • Bedrooms : 8
  • Bathrooms : 4
  • Square Footage: 10,018.80 Sqft
$484,999
Listing ID#162254
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Basic Details
Property Type : Residential
Listing Type : Pending
Listing ID : 162254
Ref ID : 408223659
Price : $484,999
Bedrooms : 8
Bathrooms : 4
Square Footage : 10,018.80 Sqft
Lot Area : 0.23 Sqft
MLS : 24100884
Office ID : CT301-062
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Agent info
Robyn Letourneau
New England Properties
New England Properties
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